How a Car Accident Lawyer Can Help You Avoid SubrogationTN Legal News
Car accidents can lead to a lot of financial losses from medical expenses and vehicle repair costs. Some insurance companies will compensate you without much resistance, but others may create complications for you. Even though Tennessee enforces certain laws that limit subrogation, there are insurance companies out there who will still try to use subrogation against you. This could potentially cost you a good portion of your compensation. Talk to a Tennessee car accident lawyer about suing the insurer if this happened to you.
Basics of Subrogation
Subrogation is a legal term used by insurance companies to collect money from a third party. In other words, subrogation happens when an insurance company makes a payment that the other driver’s insurance company owes with the intention of receiving money by forfeiting your right to sue that insurance company. Your right to file a lawsuit against the other driver’s insurance company is taken away.
You may still be able to receive some compensation to cover your medical bills, but you may not receive the compensation you deserve. Many people who survive car accidents experience pain and suffering, psychological problems, and expensive vehicle repair costs. These damages may not be covered if your insurance company uses subrogation against you.
When Subrogation is Used Against You
Unfortunately, the insured are not often given details about subrogation. Subrogation tends to happen at the end of the personal injury claim process and is usually almost exclusively discussed between both insurance companies. You may be left out of this conversation and certain information may be withheld from you even though the law expects insurance companies to let you know when they are using subrogation.
Be wary of your insurance company if they mention subrogation and hand you a form to sign. Make sure you know the deal you are signing. However, if you already signed, it’s not too late. You can still file a lawsuit against the insurance company with the help of a lawyer.
Filing a lawsuit against your insurance company is an option when you feel cheated or deceived. Some insurance companies act in bad faith by denying your claim for inadequate reasons, delaying compensation, or failing to cooperate in negotiations. These are also adequate reasons for filing a lawsuit against your insurance company.
A lawyer will prepare you for what to expect in court. During the discovery process, in which both sides investigate the case, you may be asked to give a deposition. Complex lawsuits can take years to come to a settlement and will come with court fees.
Car Accident Attorney in Tennessee
If you feel deceived by your insurance company, let us help you! Trying to understand every form your insurance company hands you after a major car accident can be overwhelming for anyone. Contact Griffin & Davis, LLC at 931-837-2050 or 865-354-3333 to talk with an experienced Tennessee auto accident lawyer. Our legal services are offered in Sparta, Kingston, Crossville, Cookeville, and the surrounding areas, with law offices in each. We will work with you to obtain the compensation you need to fully recover.